POSCO and Hyundai Steel Raise Hot-Rolled Steel Prices for April Sales

Post Views: 84 Hot Rolled Coil POSCO and Hyundai Steel Raise Hot-Rolled Steel Prices Amid Supply Pressure South Korean steel giants POSCO and Hyundai Steel have announced new price increases for hot-rolled coil (HRC) for April sales. The companies will raise prices by 30,000–40,000 won per ton for key customers. This move reflects ongoing supply constraints and rising production costs. POSCO last increased prices in March, while Hyundai Steel implemented hikes between February and March. Both producers now signal a continued upward pricing trend through the first half of the year. As a result,...